0x3d89…eb14 · Hyperliquid address profile

0x3d89bcea338f35edfaeb313b1c713978c6dceb14View on Hyperliquid ↗

Not offered yetDelta-neutral carry Mark-to-market cumulative profit $962K, ranked #634 site-wide.

Three things to check before following him

This address still holds
$2.73M
perps + spot + vaults + staking; perps account $1.07M, 12 open positions
Ever liquidated
Yes
291 times · $1.89M notional
Time since last trade
Traded today
last fill 2026-09-22

Those three numbers describe where he stands now. The curve below is a different thing — how much he made in the past. An address showing $962K of profit can be sitting on an empty account, and the P&L figure alone will never tell you.

Mark-to-market cumulative P&L

our ledger starts here$307K-$141K

Three definitions on one axis: green = our mark-to-market ledger · red = the exchange's public "closed P&L" · grey dashed = exchange all-in. The shaded gap is what closed-P&L misses ($448K). The hatched band on the left is before our data starts (20250727); the exchange had him at $-654K by then — that is why our number differs from other sites.

His account equity

Equity at start
$1.23M
2025-07-27
Equity now
$2.74M
2026-09-22
All-time high
$3.12M
now 88% of peak
P&L over the same span
$962K
from trading, deposits excluded

The green line above is how much he made trading (rebuilt from on-chain fills; deposits and withdrawals are invisible there). This amber line is how much money is in his account (from the exchange API, deposits included). Wherever the two diverge, he put money in or took money out. So "made a lot but little left" and "made little but holds a lot" are both possible and neither is strange.
⚠️ Equity is sampled weekly for anything older than a month (near-daily only recently); this line connects those points rather than measuring every day. ⚠️ It covers perps + spot + vaults + staking, not just the perps account.

Cumulative P&L
$962K
Max drawdown
$667K
Profit vs equity
30.8%
vs his peak equity of $3.12M
Active
419 days

Where the money comes from

$962Knetminus fees−$112K (9.62%)
BTC$525KSOL$444KETH-$332Kxyz:SNDK-$161Kxyz:EWY-$128Kxyz:CL-$117Kvntl:OPEN-$106KHYPE$102K

Within each bar: green = directional, amber = funding.

Funding is 108.3% of gross. Fees are negative, so they are listed under the ring as a deduction rather than forced into the pie.

What kind of trader

Size92Resilience45Maker43Funding99Consistency9Spread100axes = percentile among all (further out = more pronounced, not better)
#634top 8.0%0.56% of #1

All 6 axes are facts, not a score: percentiles among all addresses. Further out means more pronounced, not better.

How he makes it

6.4
Out of every 10 positions, how many ended up green
0.70×
Average win vs average loss

One high and one low is the norm — either number alone misleads, so they are always shown as a pair.

Why copy trading is not open yet · High frequency
666 fills per day. Mirroring this account needs order placement at his speed and fees low enough not to eat the thin per-trade margin. That is an execution-layer problem, and we have not wired it into copy trading yet.

Also · Delta-neutral carry
He buys spot and shorts the perp on HYPE at the same time, hedge ratio 1.25 (1.0 = fully hedged). He looks like a short here, but he is not betting on direction — he earns funding. Shorting alongside him copies only one of his two legs.

Every round he traded

A round is one stretch of exposure in a single coin, from first entry until fully flat. Adding to or trimming a position does not start a new round; flipping long to short counts as two. So a single round can contain thousands of fills — both numbers are shown side by side so the pair reads consistently.
⚠️ "Days" counts days actually holding a position, which can be shorter than the span between the two dates. If he goes flat and later re-enters the same side, day-level segmentation cannot see the gap and treats it as one round (about 32% of rounds are like this). Rows where the span and the held days disagree carry a ~ after the day count; hover it for the exact gap. The curve is cumulative P&L in dollars at market prices for that round, not equity and not a percentage return: deposits and withdrawals are invisible on-chain, so no percentage can be computed. Same-day round trips are excluded here. Coin names carrying ↗ are clickable — they open that coin's candlestick chart with this wallet selected and the view zoomed to that exact round, so you can see where each add and trim landed. (Only for coins that have a chart page, and only when this wallet is on that page.)
The last column Unfold 🔒 is subscriber content: it lays out every single fill of that round in order, so you can see whether he sized in at once or scaled in, and whether he exited decisively or dragged it out. Available only for rounds that pass the filter (held 1–30 days, large enough P&L, flat at both ends). Free for 7 days when you connect a wallet — no payment needed.

3 most profitable rounds

ETH Short$174K
2025-09-09 → 2026-01-02 · 41 days · 1,886 fills · peak $3.52M (295% of equity) ·
BTC Short$128K
2025-11-11 → 2025-11-22 · 12 days · 893 fills · peak $729K (76% of equity) ·
HYPE Short$126K
2026-07-15 → 2026-07-24 · 6 days · 3,084 fills · peak $704K (33% of equity) ·

3 worst rounds

ETH Short$-395K
2025-08-07 → 2025-08-13 · 7 days · 748 fills · peak $2.02M (225% of equity) ·
HYPE Short$-168K
2025-11-08 → 2026-06-09 · 204 days · 11,848 fills · peak $1.36M (70% of equity) ·
ETH Short$-167K
2025-08-21 → 2025-08-25 · 5 days · 460 fills · peak $2.25M (437% of equity) ·

All rounds (710 rounds in total; the 30 largest by P&L are listed)

CoinSideFrom → toDaysFillsPeak % of equityP&LUnfold
HYPEShort2026-08-11 → 2026-09-2238~7,04864%$-108K
vntl:OPENAIShort2025-12-27 → 2026-09-22268~78317%$-106K
BTCShort2026-09-18 → 2026-09-225667169%$71K
ETHShort2026-06-20 → 2026-09-2245~2,240143%$-89K
XMRShort2026-01-15 → 2026-08-126~1,44867%$94K
xyz:EWYShort2026-07-29 → 2026-07-3131,19639%$-139K
xyz:SNDKShort2026-07-15 → 2026-07-308~58018%$-68K
HYPEShort2026-07-15 → 2026-07-246~3,08433%$126K
HYPEShort2025-11-08 → 2026-06-09204~11,84870%$-168K
xyz:MRVLShort2026-05-11 → 2026-06-048~49731%$-63K
km:SILVERLong2026-05-15 → 2026-05-21718940%$-62K
cash:WTILong2026-04-08 → 2026-04-13661462%$-61K
xyz:CLLong2026-04-05 → 2026-04-12875549%$-102K
cash:WTIShort2026-04-05 → 2026-04-07347949%$138K
BTCLong2026-01-20 → 2026-02-082039065%$-159K
SOLShort2026-01-21 → 2026-01-301067569%$83K
BTCShort2025-12-12 → 2026-01-1915~1,417211%$119K
SOLShort2026-01-05 → 2026-01-19151,569190%$112K
ETHShort2025-09-09 → 2026-01-0241~1,886295%$174K
ZECShort2025-10-05 → 2026-01-0139~2,68742%$-132K
BTCLong2025-12-01 → 2025-12-022545220%$154K
BTCShort2025-11-11 → 2025-11-221289376%$128K
TRUMPShort2025-10-28 → 2025-10-3031,001123%$-82K
BTCLong2025-09-07 → 2025-10-037~763278%$63K
SOLShort2025-08-12 → 2025-09-2825~1,550410%$107K
BTCShort2025-08-24 → 2025-08-296669537%$115K
ETHShort2025-08-21 → 2025-08-255460437%$-167K
ETHLong2025-08-14 → 2025-08-15228991%$75K
ETHShort2025-08-07 → 2025-08-137748225%$-395K
BTCShort2025-07-29 → 2025-07-313381332%$76K

Two rounds can both say "made $1M" and be nothing alike: one held steady the whole way, another sat 50% underwater before recovering, a third earned everything on the final day. The number hides that; the curve shows it. Curves are drawn only for rounds held 5 days or longer — shorter ones have too few points to be honest. This is what already happened, not a forecast.

Every number

Cumulative P&L (mark-to-market)$962K
Max drawdown (mark-to-market)$667K
Return (÷ true intraday peak exposure)8.2%
Profit vs his peak account equity30.8%
His peak account equity$3.12M
Resilience (P&L ÷ drawdown)1.44
Largest exposure held$11.69M
Open-to-flat rounds1328
Spread across267 coins
Fills inside those rounds263,010
Typical round length4.0 days
Same-day in-and-out share46.5%
Taker share84.6%
Fills per day665.8
Days active419

Similar addresses

0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00 · 0x880ac484a1743862989a441d6d867238c7aa311c · 0x7fdafde5cfb5465924316eced2d3715494c517d1 · 0xd47587702a91731dc1089b5db0932cf820151a91 · 0xa312114b5795dff9b8db50474dd57701aa78ad1e · 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

Where these numbers come from. Rebuilt from Hyperliquid's raw fill stream: each coin's position is cut into rounds from first entry to fully flat, then marked to the market price of every single day, plus funding, minus fees. Summing all 1.24M rounds reconciles to the daily mark-to-market P&L to 2.2e-16.

What this page is not. It describes how he made money in the past. It is not a claim that following him will make you money. We have never tested whether addresses near the top of this board do better next month — no evidence, no claim.